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Luxury property

  • How London’s luxury property market ground to a halt

    October 30, 2025

    On Bishops Avenue, it is quiet. On a recent weekend walk down the mile-long parade of luxury mansions, not a single other person could be spotted strolling along the pavement. The property market for Hampstead-based The Bishops Avenue, known locally as Billionaire’s Row, is equally quiet.  Aside from one high-end house snapped up by a [...]

  • Access Bank chief executive snaps up £15m Hampstead mansion

    September 30, 2025

    The boss of Nigeria’s biggest bank has snapped up a £15m mansion in one of London’s most prestigious postcodes, City PM can reveal. Roosevelt Ogbonna, who has been the chief executive of Lagos-based Access Bank since May 2022, has acquired a luxury pad on The Bishops Avenue in Hampstead. The transaction for the property was [...]

  • Rachel Reeves’ tax hikes are driving wealthy overseas investors to flee London

    July 14, 2025

    Chancellor Rachel Reeves’ tax hikes have had the “feared impact” of driving wealthy overseas investors to flee London to escape double taxation of their worldwide income, the company behind The Shard has said. Real Estate Management (UK), which is ultimately owned by the State of Qatar, has revealed the exodus has resulted in it being [...]

  • Zoopla: Rightmove rival handed £500m price tag

    April 30, 2025

    Online property portal Zoopla has been put up for sale with an asking price of around £500m, it is understood. The company, which was launched in 2008, has put on the market by Silver Lake Partners which has owned the group it forms a part of following a £1.6bn deal in 2018. That group also includes [...]

  • London house prices fall fuels sales surge

    April 24, 2025

    Sales of prime central London housing jumped up during the first three months of 2025 as prices fell amid the ongoing global uncertainty. Residential sales activity in the first quarter rose 12 per cent compared to 2024, according to new research from global property advisor JLL. “There are clear signs of renewed confidence across prime [...]

  • Tallest UK skyscraper outside London to be approved

    April 3, 2025

    Plans to build the tallest skyscraper in the UK outside of London have been recommended for approval. Developer Salboy, which was co-founded by Betfred billionaire Fred Done, is behind the proposals which would see a 76-storey building constructed in Manchester city centre. The £360m project, known as Viadux 2, has been earmarked for land between [...]

  • Micah Richards scores £1.5m boost from property side hustle

    March 21, 2025

    Micah Richards has secured a boost worth almost £1.5m after a successful year for the luxury property company he founded. The former footballer-turned TV pundit established Hillcrest & Louis Homes in 2015 to develop high-end schemes. The company, which is registered in Manchester, has completed a series of developments in Leeds. Now, new accounts filed [...]

  • London house prices rise by just £600 as worst borough revealed

    January 14, 2025

    The London borough where more houses fell in value than almost any other area in the UK in 2024 has been revealed. According to new data released by Zoopla, the value of 72 per cent of houses in Kensington and Chelsea fell by at least one per cent last year. A total of 73,200 homes [...]

  • London’s poshest district is nearly 100 times pricier than the north of England

    December 23, 2024

    Knightsbridge has been named the most expensive district in London and the UK, with the average house price coming in at a whooping £21.4m. That’s nearly 96 times the average price of a home in the north of England. The West London region is home to the capital’s most expensive residential site, Knightsbridge’s One Hyde [...]

  • House prices rise at fastest rate in two years – Nationwide

    December 2, 2024

    New figures from Nationwide show that house prices rose by 3.7 per cent year-on-year last month, up from 2.4 per cent the month before.

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